Short news

Worldchess plans London IPO

Worldchess has hired the London broker firm Novum Securities to prepare an IPO at the AIM section of the London Stock Exchange. The company controlled by Ilya Merenzon organised world championship matches until 2018. It is connected with the upcoming 2021 match as vendor of the official chess set and as representative of sponsors Kaspersky and Algorand. Worldchess is still the organiser of the FIDE Grandprix 2022 to be held in Berlin, where the company is planning to open a chess centre.